Tag: Net Zero

Legal & General continues fight against climate change as it publishes strategy to deliver net zero across its real estate portfolio

Stuart Mitchell

Demonstrating another step up for Legal & General in its response to combating climate change, LGIM Real Assets has published its strategy to deliver net zero carbon across its 76 million sq. ft. UK real estate portfolio by 2050. LGIM Real Assets’ pathway to net zero carbon sets out its commitments and delivery strategy for decarbonising the lifecycle of buildings from construction through to operation and eventual decommissioning. With the built environment contributing c.40% of global greenhouse gas emissions, it has a pivotal role to play in global efforts to…

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UKRI launch net zero webinar series

Stuart Mitchell

UKRI has announced a webinar series focused on how innovation, collaboration and engagement will come together to help the UK reach net zero by 2050. In the year the UK hosts the UN Climate Change Conference of the Parties (COP26) summit in November, UK Research and Innovation (UKRI) will use its role as a steward of the research and innovation system to bring our communities together. This is to create sustainable and resilient solutions, and encourage new behaviours and new ways of living that enable the UK to reach net…

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Climate Action 100+ issues its first-ever net zero company benchmark of the world’s largest corporate emitters

Stuart Mitchell

Climate Action 100+, the world’s largest investor engagement initiative on climate change, has released its first-ever benchmark evaluating the corporate ambition and action of the world’s largest greenhouse gas emitters and other companies with significant opportunity to drive the net zero transition. The Climate Action 100+ Net-Zero Company Benchmark offers the first detailed, comparative assessments of individual focus company performance against the initiative’s three high-level commitment goals: reducing greenhouse gas emissions, improving governance, and strengthening climate-related financial disclosures. The Benchmark defines key indicators of success for business alignment with a…

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Bloomberg LP Commits to Net Zero Carbon Emissions by 2025

Stuart Mitchell

Bloomberg LP has announced its commitment to achieve net zero carbon emissions by 2025. The pledge underscores Bloomberg’s long-standing commitment to sustainability and climate action and complements the company’s existing RE100 target to reach 100% renewable energy by 2025. Bloomberg aims to reach net zero by continuing to aggressively pursue emissions reductions and efficiencies in its operations to meet its existing and proposed public mitigation and reduction targets. Whereas emissions reductions through these efforts are a priority, Bloomberg will also invest in projects that generate carbon credits to offset annual…

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Aviva Investors publishes net zero pathway for Real Assets

Stuart Mitchell

The pathway outlines how Aviva Investors aims to reach net zero emissions across the whole of its £47.3 billion Real Assets platform by 2040, as it seeks to improve the sustainability of new and existing building stock across the UK and support clients in addressing the climate transition within illiquid assets. The commitment covers multiple layers of the investment process; from asset origination to asset management and ongoing stakeholder engagement. As well as tackling real estate and infrastructure, it extends into private debt, an area where ESG integration and alignment…

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